The General (GM) Does OK In December
Sales of GM (GM) cars and light trucks fell 4.4% to 319,837 in December. In December, GM’s light-vehicle sales fell 4.4% to 319,837 units. Car sales moved down 10% to 116,583 vehicles.…
Sales of GM (GM) cars and light trucks fell 4.4% to 319,837 in December. In December, GM’s light-vehicle sales fell 4.4% to 319,837 units. Car sales moved down 10% to 116,583 vehicles.…
Over the last year, shares in Toyota (TM) are down well over 20%. The fact that GM (GM) and Ford (F) have fallen makes sense. They are still losing market share in…
According to Reuters, manufacturing weakness in the US has raised new fears of recession. Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again. Reuters reports that…
It looks like December will be another ghastly month for US car companies. Based on a survey of auto analysts by Bloomberg, units moved by the old "Big Three" could drop 7%…
According to Reuters, AT&T (T) may take a stake in Malaysia’s TM International Reuters writes that weak Wall St. bonuses may cut into some luxury spending. The Wall Street Journal reports that…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
Over in the world of baseball where steroid-built great apes hit 60 home runs a season, there is still a place for what is known as "small ball". That approach to the…
The final month of 2007 looks pretty bad for car sales, and going into next year, things could get worse. According to MSNBC "December sales are expected to fall around 4 percent,…
The Chinese are clearly getting tired of having their automotive markets dominated by joint ventures which benefit foreign companies like GM (GM) and VW. That may make it much harder for the…
The Dogs of the Dow aren’t necessarily the worst performers of the prior year, but they pay the highest the dividend yields. We wanted to review the 10 Dogs of the Dow…
Toyota (NYSE:TM) raised its forecasts for fiscal 2008 to 9.85 million vehicles, up 5.2% from the number of cars it expects to sell for its year ending March 31. That would mean…
According to Reuters, Merrill Lynch (MER) raised enough money to increase its capital by $5.7 billion. Reuters writes that US shoppers came out in strength over the "Super Saturday" weekend. Sales on…
Saudi Arabia is sick of the big sovereign funds in China and Abu Dhabi kicking sand in its face. The country plans to put a fund in place that will "dwarf Abu…
Since it is year-end, we wanted to compile a list of the 2008 likely Dogs of the Dow. We included Friday’s closing prices for each DJIA component and we also gave the…
According to Reuters, Philips plans to buy-back $7.2 billion in shares. The Wall Street Journal writes that former Treasury Secretary Lawrence Summers believe that the government should put together a $75 billion…